EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2022

EARNINGS PER SHARE

Computation of Basic and Diluted Earnings per Share

The following tables set forth the computation of basic and diluted earnings per share:

(Amounts in thousands, except earnings per share data)	Three Months Ended September 30,
	2022		2021
Net income	$	2,120	$	1,897
Weighted-average common shares outstanding		5,003		5,000
Basic earnings per share		0.42		0.38
Weighted-average common shares outstanding	$	5,003	$	5,000
Common stock equivalents due to effect of stock options		9		11
Total weighted-average common shares and equivalents	$	5,012	$	5,011
Diluted earnings per share	$	0.42	$	0.38
Anti-dilutive stock options outstanding		—		—

(Amounts in thousands, except earnings per share data)	Nine months ended September 30,
	2022		2021
Net income	$	6,218	$	5,271
Weighted-average common shares outstanding		4,999		5,008
Basic earnings per share		1.24		1.05
Weighted-average common shares outstanding	$	4,999	$	5,008
Common stock equivalents due to effect of stock options		9		9
Total weighted-average common shares and equivalents	$	5,008	$	5,017
Diluted earnings per share	$	1.24	$	1.05
Anti-dilutive stock options outstanding		1		—